1 Apr 16, 03:52 PM
As per GNS, 40% IR is payable to all pensioners who are affected by faulty D.R. formulae as applicable to retirees of 7/97 & prior. As per RBK 40% will be paid for pension updation as at Aug.2012.
So, whether 40% IR is payable for DR. only for pre-Aug.97 pensioners or it would be paid for updation also for all retirees including post 97 retirees as per Aug 2012 wage revision. ?